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High-asset Texas divorces: Yes, more complexity attaches

We duly noted the "broad dimensions of family law" in our immediately preceding blog post, pointing out in our December 8 entry that this subject area of law "encompasses a truly wide universe of considerations."

One factor that looms large in select Texas divorces is outsized wealth, which can instantly render some marital dissolutions comparatively complex and understandably test the boundaries of civility.

We devote a specific page of our San Antonio law firm's website to high net worth divorce, noting at Jamie Graham & Associates, PLLC, the added layers of complexity that often inhere in high-asset decouplings. We point out that such complexity often mandates that proven family law attorneys strike a "delicate balance" between aggressively promoting a best-case outcome on every point and simultaneously searching for commonality that can likely benefit all affected parties more so than can a digging-in approach that opts for litigated solutions.

Some commentators on high net worth divorce remark that divorce is pretty much all the same, with high-asset dissolution being notable only for the increased value of possessions in play.

That is an untrue assessment, given the flat reality noted on our site that "the complexity of sophisticated finances often adds complexity to divorce."

In short: There is typically more to consider in a high-asset divorce, with contemplation extending across myriad types of holdings that can include retirement accounts, family businesses, professional practices, multiple realty holdings, various trusts, globally held assets, insurance policies, valuable heirlooms, substantial personal property and more.

All of that needs to be identified, accurately valuated, properly denoted as either separate or marital property, and thereafter divided equitably.

That is work for seasoned family law attorneys with demonstrated backgrounds in promoting the best interests of clients in high net worth divorce matters.

We welcome readers' questions to the firm and the opportunity to centrally assist you in your family law matter.

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Jamie Graham & Associates, PLLC
310 South St. Mary's Street
Suite 2500
San Antonio, TX 78205

Phone: 210-272-7034
Fax: 210-308-5669
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